All prices in USD

Private listing #478386

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$5,000
  • Avg. revenue /month
    $21,911
  • Avg. sessions /month41,681
  • Avg. profit /month
    $6,000

Business Story

Why this business was started

It is easy to run and generates a passive income without staff, with an unproblematic, understanding group of customers who are loyal to the brand. The business is able to successfully sell items at a high profit margin due to the brand affinity we have focused on over the past year and has since established itself in an industry which was and still has a high barrier to entry.

The business has data on thousands of customers, whom have to date, never been marketed to via Email or nudged to repurchase via Facebook / Google.

The website is well designed, has undergone numerous CRO tests and through its amazing customer service and reputation, has developed a very good understanding of the needs and wants of its customer base.

The business has a very active following on both Facebook, Twitter and Instagram with a combined following of 50,000 in just under a year. It is still growing and is subject to so many more ideas and opportunities to further its growth and scaling.

The reason of selling this business

This business was created and built with the view of selling onwards when the time was right. I believe that time is now. I have been given the opportunity of full-time employment as the head of online for a major fashion brand, which prevents me from running this company. Incidentally, the growth of this business is what lead me to assuming my new position, creating a conflict of interest.

What's involved in running this business

One way in which the new owner can improve the business is to leverage buying items as opposed to dropshipping the entire collection. There are items which sell in 100s, every month which could easily have the buying costs cut by over half if leveraging the third party logistics company which is closely connected to the business, who will do the buying for you and charge a rate of $1 + shipping per sale.

Another way the future owner can improve the business is look to implement cross-selling, up-selling and increasing the AOV per every customer, which has not been tested on the store yet.

Furthermore, leverage the approx. 10,000 email addresses which have been collected for marketing campaigns, that are significantly cheaper than paid social media campaigns, thus increasing the margins.

This business was founded: about 1 year ago
Time to run this business: approximately 7 hours per week

Traffic and Performance

  • Avg. revenue /month
    $21,911
    Verified
  • Avg. sessions /month41,681Verified
  • Avg. profit /month
    $6,000
  • Profit Margin20%
  • Avg. sales /month800
Other details about profit: Profit can also be earned through publishing cashback. There is room to grow it through looking into alternative suppliers to increase the gross margins. We haven't done this since we already had relationships with our current suppliers.
Total revenue
  • $328,671
  • Revenue data comes directly from Shopify and cannot be edited by the seller
    Total traffic
  • 625,221Visits
  • Traffic data comes directly from Shopify and cannot be edited by the seller

    Expenses

    • Shopify plan
      $85
      /month
    • Employees
      $1
      /month
    • Domain
      $10
      /year
    • Facebook
      $5,000
      /month

    Sale Includes

    • Physical inventory

      Not Included
    • Logo and branding assets

      Not Included
    • Personal support after sale

      Not Included
    • Domain

    • Product photos

      Not Included
    • Social media

    • Suppliers

      Not Included
    • Mailing List

      10,000subscribers

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